We offer two types of accounts: Legacy and Next Generation (Next-Gen). There are key differences that traders should be aware of when selecting the right option for their trading style.
Key Differences Between Next-Gen and Legacy Accounts
Feature | Next-Gen Accounts | Legacy Accounts |
Pricing | ✅ Lower cost | ❌ Higher cost |
Consistency Rule | ✅ No Consistency Rule | ❌ Consistency Rule applies (Hard breach on over 2% for a trade idea) |
Martingale Rule | ✅ No Martingale Rule | ❌ Martingale Rule applies |
Payout Review | ✅ Account is reset while waiting for payout | ❌ Need to wait for payout process to complete |
Consistency Score | ✅ 25% Consistency Score (limits largest trading day to 25% of total profits + soft breach) | ❌ No Consistency Score |
Account Availability | ❌ 5K account size not available | ✅ 5K account size available |
Platform Availability | ❌ DXTrade not available | ✅ DXTrade available |
Choosing between Next-Gen and Legacy accounts ultimately depends on your trading preferences and objectives. If you prioritize affordability and a structured approach to consistency, NextGen may be the best fit. For traders who prefer the flexibility of DXTrade or require a 5K account size, Legacy remains the ideal choice.
For further details or assistance, feel free to reach out to our support team!